JFB Construction (NASDAQ:JFB) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of JFB Construction (NASDAQ:JFB) from a sell rating to a hold rating in a research report released on Saturday.

Separately, Weiss Ratings initiated coverage on shares of JFB Construction in a research report on Saturday, October 11th. They set a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, JFB Construction has an average rating of “Sell”.

JFB Construction Trading Up 13.0%

JFB opened at $20.20 on Friday. The firm has a market cap of $191.90 million and a price-to-earnings ratio of -54.59. JFB Construction has a one year low of $3.39 and a one year high of $22.45.

JFB Construction (NASDAQ:JFB) last released its quarterly earnings results on Friday, November 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.76%.The firm had revenue of $4.98 million for the quarter.

Institutional Trading of JFB Construction

A hedge fund recently bought a new stake in JFB Construction stock. Nomura Holdings Inc. bought a new stake in JFB Construction Holding (NASDAQ:JFB) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned approximately 0.21% of JFB Construction at the end of the most recent quarter.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities.